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Success Entertainment Group International Joins Fight against the COVID-19 Pandemic
April 28, 2020, 7:45 AM CDT
Ossian, Indiana--(Newsfile Corp. - April 28, 2020) - Success Entertainment Group International, Inc. (OTCQB: SEGN), recently acquired Renavotio Infratech, Inc. (RII) has entered the fight against the Covid 19, Pandemic by expanding into medical infrastructure space, specializing in Personal Protective Equipment, ("PPE").
RII has received orders for PPE gowns that initially will total over 80,000 a week and could grow to 250,000 a week in the next 120 days. The first orders will begin shipping this week. RII is focusing on made in the USA products with partnerships being negotiated with multiple providers in PPE equipment of mask, gowns and face shields. These are the primary tools used by frontline medical provers that are currently in short supply in our country's fight against this devastating pandemic.
Personal protective equipment (PPE) is a main source of protection for emergency and recovery workers. Depending on the type of emergency which may include disease protection, flooding, hurricanes, fire, electricity, structural collapse, falls, terrorism, earthquakes, tornadoes, extreme temperatures, among others. It is necessary to protect emergency response, medical and recovery workers from physical, chemical and biological hazards.
Protecting against routes of exposure include inhalation, dermal contact, ingestion or contact through mucous membranes. Therefore, main protective equipment includes respirators, eye protection, hearing protection and protective clothing. Depending on the hazard, the recommendations on the use of PPE change. Some examples of PPE may include gowns, masks, face shields, gloves, overalls, boots, and googles.
"As new opportunities are presented to grow Success and RII, we will take advantage of those including the underground utility, water/refuse management, smart city technology and medical infrastructure acquisitions that we have currently targeted. Our recent success in the PPE market gives our shareholders both immediate and long term growth opportunities well into the foreseeable
I think it can go back towards that with the right news.
The company has solid revenues
Definitely ready imo
GOLD stocks current P/E ratio is 12.4
Software companies that deal in Apps P/E ratio is 15.2. So let’s start in the middle and say 13.8
If the earnings hit the $28,000,000 that the company is projecting in 2024 then times that by the P/E of 13.8 and you come up with $386,000,000 market cap.
Now what would that mean for the PPS?
The issued as outstanding is roughly 8.2 million
386,000,000/8,200,000 would be $47.06 per share.
Now, let’s say there is NO multiplier on the P/E ratio and the company meets the projected revenues of 28,000,000:
28,000,000/8,200,000 would give you a share price of $3.41 per share
Even on the low end of $3.41 a $5,000 investment would be potentially worth $110,000 in a few years based off the company projections. A 22x gainer
Absolutely would. Needs some bid support for sure.
Multiple revenue streams. Not a one trick pony
Trading a little bit today. Pretty thin.
So, thin. Wouldn’t take much more than someone breathing on this thing to take it back up to .40
$28,000,000 in projected revenues That’s pretty impressive
https://www.globenewswire.com/news-release/2020/04/27/2022466/0/en/Treasure-Shipwreck-Recovery-Announces-Further-Updates-Including-Game-App-Development-Preliminary-Projections.html
Year Number
of Users Gross Revenues Projections Net Revenue
Projections
2020 40,000 $2,800,000.00 $1,274,000.00
2021 160,000 $12,000,000.00 $5,460,000.00
2022 320,000 $25,600,000.00 $11,648,000.00
2023 420,000 $42,000,000.00 $19,110,000.00
2024 620,000 $62,000,000.00 $28,210,000.00
Agreed, I’ve been around the penny stock world since 1998 back in the Wild West says as well. And you’re right, I’ve never seen it happen.
I have seen a couple that were halted and grey sheeted come back to be pink current but, they had to go through the 15c211 process.
It’s pretty much a death sentence to a stock and it really hurts investors that have put real cash into the company itself (not traders...investors).
Company better have a very good lawyer within the first 4 days to avoid Grey market or you’ll likely need a new 15c211 filed by a sponsor broker (which is where you will bet your sponsor market maker).
Doesn’t matter how long you’ve known him. An insider is an insider and a broker won’t let an insider sell without filing a form4. So if Kistler was selling shares then there would be a form 4 filed. OBA Isn’t the SEC or FINRA..... he doesn’t get to change the laws. No matter how much he would probably like to. Lol.
Couldn’t be Kistler. He’s an insider so he would’ve had to file a form 4 and there has been no form4 filed.
Here’s an update on the game
Gotta be another update coming soon imo
BLIS is thin up to .40
Watched the show “outer banks” on Netflix over the weekend. $400 million dollars in gold on the ONE shipwreck! Crazy!
More news coming soon I bet
That’s a lot of projected revenues!
ST. PETERSBURG, Fla., April 23, 2020 (GLOBE NEWSWIRE) -- Via NetworkWire -- Treasure & Shipwreck Recovery, Inc. (“TSR” or “the Company”), currently trading on the OTC:BLIS, is proud to announce that its app game “Galleon Quest” is progressing through development for testing and release. As well the Company will be sharing revenue range projections based on industry conservative standards for the App Game. The Company has projected beta testing, alpha testing and release dates planned, and plans to release a game trailer of Galleon Quest within the next week. With the rise of isolation and stay at home orders, app gaming revenues which were already strong, is increasing dramatically.
Previously, TSR announced that the Galleon Quest player app game for use on multiple platforms, including iOS, Android, Xbox, PC, Tablet, mobile and others. The Company and its developer Probability & Statistics, Inc. (P&S) of Palm Bay, Florida has maintained its production schedule for the game. Based upon market study and testing, the Company will release projections of revenue that are on the low end are near $3,000,000 for the first year and could reach mid tens of millions of dollars within the first two to three years. TSR will release the revenue projections over the next week. As well, the developer maintains that it will move through beta and alpha testing to a projected July release date. The developer is expecting to release a trailer of the Game within the next week which the Company will announce as well as publicize.
“The Galleon Quest game has now become the most dramatic revenue velocity maker for our company, which will be the largest and fastest of our three prongs of business development. The intensity and interest in the treasure search-based mobile game app has been incredible. TSR Media division will be a fast revenue leader, which we believe will make the Company self-sufficient for all its treasure related operations,” stated Chairman and President Craig A. Huffman. “I can’t thank P&S enough for their continued hard work through these tough times, showing their talent and ability which will make TSR more profitable sooner than expected.”
The game is being designed to be free to play, with the opportunity to make in-app purchases for special game enhancements. In 2019, there was $88 Billion spent worldwide in mobile app in game purchases, this is expected to more than double by 2021 to over $160 Billion.
It’s starting to move a bit. Up 12%
Possibly?
Yea, double bottom is definitely in at .04 right?
Time to wake up BLIS. Wide open here. Let’s go.
Looks Thin back up to .14
Someone is trying to hold this back it seems. OTCX market maker is a shorter
Yep, looks like bottom here on the chart imo.
5 Million in Revenues in 2019
TAIPEI, Taiwan, March 30, 2020 (GLOBE NEWSWIRE) -- (OTCQB: SEGN) The management team of Success Entertainment Group International, Inc., led by Mr. Steve Chen, is pleased to announce that SEGN has entered into a CONFIDENTIAL LETTER OF INTENT TERM SHEET for the Acquisition of Common Stock of Renavotio Infratech, Inc (RII)
RII is a holding company focused on infrastructure opportunities including 5G, utilities, IoT, water and waste management technology and related industries. Their focus is acquiring entities providing services to commercial, industrial and municipal based clients.
The Global Infrastructure Movement is a $93 Trillion dollar industry and RII targeted acquisitions are well positioned in the Fiber Optic installation, 5G, Waste and Water sectors.
RII Senior Management Team led by William (Billy) C. Robinson in his 35-year career he’s served as both Chairman, CEO and CFO of several public companies. Additionally, he has an extensive executive level operational background in both manufacturing and technology. He has initiated and completed multiple public and private transactions assisted with the sale, merger, funding and IPOs. Prior, Mr. Robinson held management positions at Paine Webber initiating two IPOs and served as a vice president of Prudential Securities, Inc. (NYSE:PRU)
RII’s is bringing two infrastructure companies to SEGN that had combined revenue in 2019 of nearly $5 million with a EBITDA of and anticipates 2020 gross revenues to exceed 2019 numbers with consulting/operational agreements with small towns or county COOPS that operate their own water and sewer systems, providing long term savings utilizing smart utility monitoring and dedicated engineering and service personnel. These platforms capture utility data from handheld GPS devices or in place sensors, with planned testing using drones for leak detection and topographic underground utility installation planning.
The terms of the acquisition have not been finalized, however the engagement of PCAOB auditors has been initiated and plans to up list to the Nasdaq are in place just as soon as possible. More details will be announced in the very near future all focused on bringing shareholder value.
IR Contact:
Success Entertainment Group International Inc.
www.segnusa.com
Email Contact: info@segnusa.com
Telephone: +1(260) 490-9990
Looks like a bottom is building right here. Looks like it wants to bounce right here. $segn
Yep, Thanks for pointing that out, there are also 7.6 BILLION people on earth.
So he is in the .0000095% of all people.
That’s actually pretty impressive.
It’s in his current BIO on OTC markets for SEGN as well as every other ticker he is listed on that i have seen as well as their websites and his LinkedIn bios.
You’re one of the more intelligent and reasonable people I’ve ever chatted with on iHub. Do you REALLY think that someone who WASN’T a FINRA arbitrator would be advertising it? And if they truly ARE a FINRA arbitrator don’t you think if they’d done anything even remotely shady that FINRA wouldn’t approve them through the background check process of becoming a FINRA arbitrator?
(Btw, hope you and the fam are doing well with all this junk going on).
Thank you for your understanding, that’s why I’m here asking you about him. It seems like you’re very knowledgeable about the way otc markets and debt and all that works. And if what you are saying is true and what FINRA is saying is false then I need to be following you for investment advice because you were able to find something FINRA Couldn’t find....
Also, you skipped over the fact that Brian Kistler is a FINRA Arbitrator.... FINRA doesn’t seem to have a problem with Brian Kistler and they are... kinda a big deal within the Stock World.
how did he become a FINRA arbitrator if he is such a serial offender?
I knew it!
Screen shots or it didn’t happen :) anyone can type something up to make it look like anything they want. Really hard to fake a screen shot.